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Full-Text Articles in Business
On The Information Content Of Calls Of Convertible Securities, Anthony K. Byrd, William T. Moore
On The Information Content Of Calls Of Convertible Securities, Anthony K. Byrd, William T. Moore
Faculty Publications
Negative stock price reactions to conversion-forcing calls of convertible bonds and preferred stocks are reexamined, and most of the sample firms are shown to exhibit full price recovery by the end of the conversion period. In addition, analysts' earnings forecasts, both short-term and long-term, are found to be revised upward following call announcements for convertible bonds and preferred stocks. The combined findings cast doubt on the established belief that such capital structure decisions signal negative information about firm value.
Perceptions Of Financial Counselling In Western Australia, Natalie Dall
Perceptions Of Financial Counselling In Western Australia, Natalie Dall
Theses: Doctorates and Masters
The development of financial counselling in Australia during the past decade has been complex and fragmented. Financial counselling and rural counselling services within Western Australia are funded from a range of government, non-government and church based groups. This has contributed to problems in the identification of basic definitions of the need for services, the role of the financial counsellor and service models or functions. The failure to define the role of the financial counsellor and the needs to be addressed by financial counselling services, "appears to be the most important historic weakness in the field." (Wyse et al., 1990, p.2). …